$NEAR This wave of selling is a bit ruthless—on the 15m chart it directly dropped -1.99%. Trading volume surged to more than 4x, and the volatility Z hit 4.77. The order book’s主动成交 differential is -25.9%, the buy/sell ratio is 0.59, and sell pressure is clearly dominant.
What’s interesting is that OI is still rising: 15m +0.34%, 1h +0.14%, but nominal value is shrinking—this is typical of price falling while positions increase: new shorts are entering rather than longs panic-selling to close. OI’s percentile is at 91.5%. In the whole pool, unusual values rank up to #18; the nominal change has entered the top 4, and the depth is there.
On 5m Binance, a forced-liquidation liquidation agent shows 1.14M, with the selling direction concentrated. It just pushed another wave of主动卖 right at the edge of the range.
At this level, either the shorts keep adding to drive it through, or you wait for a rebound that catches passive buyers. Keep an eye on whether this boundary can hold.
What’s interesting is that OI is still rising: 15m +0.34%, 1h +0.14%, but nominal value is shrinking—this is typical of price falling while positions increase: new shorts are entering rather than longs panic-selling to close. OI’s percentile is at 91.5%. In the whole pool, unusual values rank up to #18; the nominal change has entered the top 4, and the depth is there.
On 5m Binance, a forced-liquidation liquidation agent shows 1.14M, with the selling direction concentrated. It just pushed another wave of主动卖 right at the edge of the range.
At this level, either the shorts keep adding to drive it through, or you wait for a rebound that catches passive buyers. Keep an eye on whether this boundary can hold.